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20121201
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that washington lawmakers and the white house are closing in on a deal to avoid going over the fiscal cliff and triggering tax hikes for nearly everyone come january. karen travers reports on the president's new compromise and the republicans' back-up plan. >> reporter: negotiations to avoid the fiscal cliff are heating up. both sides are starting to make concessions. this morning speaker boehner briefed republican lawmakers on where things stand. >> i continue to hope we can reach broad area agreement. >> reporter: yesterday boehner met with president obama for about 45 minutes. last night the white house presented him a new offer. the proposal includes 1.2 trillion in tax increases, down from the original offer 1.6 trillion. extending the bush tax cuts for every american earning less than $400,000 a year instead of $250,000. >> his position is not based on the notion that these rate have to go up because that's good, it is based on the necessity of having enough revenue as part of this balanced package. >> reporter: the white house plan would limit cost of living increases for social secu
recommendations and he's not wasting time. other high profile calls to action out of washington today in the wake of the deadly connecticut school tragedy. katie marzullo is live in the newsroom. >> reporter: lawmakers are asking for everything from military protection on school campuses to bans on weapons and ammunition. a single message of safety from many voices. with 20 elementary school children and six educators shot to death with a semi-automatic rifle in connecticut, president obama is taking steps to reduce gun violence. >> the president: i've asked the vice president to lead an effort to includes members of my cabinet and outside organizations to come up with a set of concrete proposals, no later than january, propose 5s that i intend to push without delay. -- >> reporter: lawmakers made their own proposals, nancy pelosi and fellow house democrats are calling for the swift passage of a bill which would ban assault magazines. representative mccarthy of new york who lost her husband and merely lost her son to gun violence echoes the president's sentiments now is the time to act. >> this t
of two congressional hearings into that deadly attack in benghazi, libya underway in washington. testifying this morning deputy say the u.s. learned hard and painful lessons and officials made the mistake in assumption that the u.s. wouldn't become a major tar the attack on the consulate killed -- four americans. >>> the body of senator daniel inouye of hawaii has arrived at the u.s. capitol. right now former colleagues and the public are paying respects to the man who won the medal of honor as a soldier in world war ii and senator more than 50 years. he will lie in state at the rotunda, only 31 have had the privilege. inouye died monday at age 88. >> he opened the door for asian-americans in politics. a pioneer. >>> we'll check things out with mike we are waiting for things to cloud over. >> not low clouds that we need to bring the rain in those are still 12 hours off, possibly. here's a look from mount tamalpais winds picking up so is the temperature. we'll talk about the rain and how much to expect over the weekend. >>> plus, if you paid for a parking ticket in oakland, the c
Search Results 0 to 2 of about 3